NORCLEAN TECHNOLOGY AS

5163 LAKSEVÅG

Finances

Share Ownership

Return on Equity

36,16 %

Current Ratio

1,23

Debt-to-Equity Ratio

−1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 566 000	1 313 000	2 679 000	4 692 000
Net Income	−1 075 000	−1 108 000	−111 000	1 756 000
Total Assets	3 143 000	4 361 000	5 863 000	3 806 000
Total Equity	−2 973 000	−1 898 000	−1 039 000	−928 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 566 000	1 313 000	2 679 000	4 692 000
Expenditure	2 643 000	2 378 000	2 591 000	2 690 000
Operating Profit	−1 077 000	−1 064 000	89 000	2 001 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	45 000	201 000	245 000
Financial Balance	2 000	−44 000	−201 000	−245 000
Earnings Before Tax	−1 075 000	−1 108 000	−111 000	1 756 000
Tax	0	0	0	0
Net Income	−1 075 000	−1 108 000	−111 000	1 756 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 750 000	3 420 000	3 730 000	3 190 000
Total Current Assets	393 000	941 000	2 133 000	616 000
Total Assets	3 143 000	4 361 000	5 863 000	3 806 000
Total Retained Equity	−3 753 000	−2 678 000	−1 569 000	−1 458 000
Total Equity	−2 973 000	−1 898 000	−1 039 000	−928 000
Total Long-Term Debt	5 797 000	5 447 000	5 733 000	4 498 000
Total Current Debt	319 000	813 000	1 170 000	236 000
Total Equity and Debt	3 143 000	4 361 000	5 863 000	3 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 416 000	1 313 000	2 679 000	4 692 000
Other Income	150 000	0	0	0
Revenue	1 566 000	1 313 000	2 679 000	4 692 000
Cost of Goods Sold	815 000	748 000	1 000 000	1 205 000
Salary Costs	598 000	592 000	559 000	544 000
Depreciation	150 000	310 000	395 000	360 000
Impairment	0	0	0	0
Expenditure	2 643 000	2 378 000	2 591 000	2 690 000
Operating Profit	−1 077 000	−1 064 000	89 000	2 001 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	45 000	201 000	245 000
Financial Balance	2 000	−44 000	−201 000	−245 000
Dividends	0	0	0	0
Net Income	−1 075 000	−1 108 000	−111 000	1 756 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 750 000	3 420 000	3 730 000	3 190 000
Total Tangible Assets	2 750 000	3 420 000	3 730 000	3 190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 750 000	3 420 000	3 730 000	3 190 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	263 000	19 000	96 000	520 000
Total Current Assets	393 000	941 000	2 133 000	616 000
Total Assets	3 143 000	4 361 000	5 863 000	3 806 000
Total Equity	−2 973 000	−1 898 000	−1 039 000	−928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 797 000	5 447 000	5 733 000	4 498 000
Creditors	235 000	593 000	805 000	77 000
Unpaid Taxes	35 000	78 000	260 000	35 000
Dividends	0	0	0	0
Other Current Debt	50 000	142 000	106 000	124 000
Total Current Debt	319 000	813 000	1 170 000	236 000
Total Equity and Debt	3 143 000	4 361 000	5 863 000	3 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,16 %	58,38 %	10,68 %	−189,22 %
Debt-to-Equity Ratio	−1,95	−2,87	−5,52	−4,85
Operating Profit Margin	−68,77 %	−81,04 %	3,32 %	42,65 %
Current Ratio	1,23	1,16	1,82	2,61
Quick Ratio	1,23	1,16	1,82	2,61
Equity Ratio	−0,95	−0,44	−0,18	−0,24
Gross Profit Margin	47,96 %	43,03 %	62,67 %	74,32 %